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Xpel (XPEL) operating margin by quarter

Xpel's operating margin was 15.3% in Q3 2026 (third quarter 2026), -0.9 pts from Q2 2026. Over the last 7 quarters it ranged from 10.7% (Q1 2025) to 16.2% (Q2 2026).

Xpel operating margin by quarterXpel operating margin by quarter10.7%Q1 202515.5%Q2 202513.4%Q3 202512.7%Q4 202511.1%Q1 202616.2%Q2 202615.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202615.3%-0.9 pts+1.9 pts
Q2 202616.2%+5.1 pts+0.8 pts
Q1 202611.1%-1.6 pts+0.4 pts
Q4 202512.7%-0.7 pts—
Q3 202513.4%-2.1 pts—
Q2 202515.5%+4.8 pts—
Q1 202510.7%——

Q3 2026 at a glance

Xpel, Q3 2026: revenue $138M (+10% year over year), operating margin 15.3%, net earnings $16.3M, operating cash flow $21.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Xpel's operating margin?

Xpel's operating margin was 15.3% in Q3 2026 (third quarter 2026), -0.9 pts from Q2 2026.

How has Xpel's operating margin changed?

Over the last 7 quarters it ranged from 10.7% (Q1 2025) to 16.2% (Q2 2026).

Q3 2026 results → · How Xpel makes money →